Private lender YES BANK announced the launch of “YES Fintech Developer”, India’s largest banking API developer platform. The new banking api developer platform also provides a boost to the YES Bank’s effort of co-creating innovations with fintechs, startups and the developer ecosystem to enhance customer experience.
YES BANK, India’s fourth largest private sector Bank announced the launch of YES Fintech Developer, India’s largest API sandbox with 50+ virtual APIs at Bengaluru, marking the evolution of the Bank’s technologies to Open Banking. This is in line with the Bank’s strategy of keeping customers at the core while ideating and co-creating solutions. YES Bank was the first Bank in India to launch APIs that allowed integration with the technology systems of corporate clients.
“YES Fintech Developer sandbox will create a perfect collaboration opportunity with startups to test emerging solutions such as alternative data-driven banking models, gamified solutions to nudge user behavior and more,” Yes Bank Chief Digital Officer Ritesh Pai said.
“Along with this, the platform would showcase our API suite functionalities, responses with corporate and MSME clients and help them to understand full attributes of our API stack, while enabling faster integration with the Banks APIs,” he added.
Through the sandbox, Yes Bank will grant access to APIs across four usage categories including account management, payments, cards and CRM. PTI KSU.
YES Fintech Developer sandbox will create a perfect collaboration opportunity with startups to test emerging solutions. Banks must develop the ability to responsibly lend through APIs to existing/new retail and business customers on digital platforms. This Google Cloud demo shows the way forward, using the SWIFT Pay Later API standard. Get your innovation lab working on this now.
YES Bank has launched “YES Fintech Developer”, India’s largest banking API developer platform. This API sandbox with 50+ virtual APIs, marks the evolution of the Bank’s technologies to Open Banking and will be key to further strengthen our already established dominance in the startup ecosystem. YES Fintech Developer, India’s largest API sandbox with 50+ virtual APIs in Bangalore with participation from leading innovators like PhonePe, Ola Money, WhatsApp India and more, marking the next phase of the Bank’s evolution towards